EUR/GBP 4H: Decline Likely To Continue

<p>The Euros has declined by 7.48% against the British Pound since March 18. The currency pair breached the 50-, 100– and 200– period SMAs during the period. The exchange rate is currently testing a support cluster formed by the 200– period simple moving average and the bottom border of an ascending channel pattern at 0.8812. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285877-eur-gbp-4h-decline-likely-to-continue/">EUR/GBP 4H: Decline Likely To Continue</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>